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Dowagiac 49047
204 W Wayne Street
$95,000
● House - Off Market

204 W Wayne Street

Dowagiac, MI 49047
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,684 Ft²
$107,996
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

So. Much. Potential! Spacious 3 bedroom, 1.5 bathroom home located on a corner lot in the city limits of Dowagiac! This property comes equipped with a fenced in yard, detached garage, and a lovely wraparound porch. The main level features a laundry/mud room, full bathroom, large kitchen, formal dining room with a fireplace, living room, and 1 bedroom. The remaining two bedrooms are located on the second floor with a Jack & Jill half bath and bonus area. Turn this beauty into your own masterpiece. Schedule your private showing today!
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$50
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #20048547)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Nov 23, 2020 Listed by Cressy & Everett Real Estate $84,900
Listed by Cressy & Everett Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATRICK HAMILTON 4TH ADD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . DW 1033 LOTS 266 & 268, EX E 3 1/2 RDS OFF E END OF EACH PATRICK HAMILTON'S 4TH ADD CITY OF DOWAGIAC.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 001901

Geography

  • District: 160
  • Parcel: 14-160-200-541-00
  • Lot: 266,268
  • Municipality: DOWAGIAC CITY
  • Latitude: 41.9896
  • Longitude: -86.1099

    Address

  • Full Address: 204 W Wayne St
  • Address - House Number: 204
  • Street Direction: W
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1244
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,835

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 46
  • Final Value: 126,356
  • High Value: 160,108
  • Low Value: 92,603

    Market Valuation

  • Market Total Value: $89,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dowagiac

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1361 ft²

Average Home Age

84.4 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Shelly Myers, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20048547
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 204 West Wayne Street built and last sold?
The property at 204 West Wayne Street was built in and last sold on Feb 24, 2021 for $95,000.
How much is this home worth?
The estimated value of the home located at 204 West Wayne Street is $96,803.
What are some comparable homes to 204 West Wayne Street?
There are currently no comparable homes to 204 West Wayne Street.
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